Whether or not you are a first time home buyer or purchasing a new home in New Orleans Louisiana, our vetted loan officers have a solid understanding of the local real estate market and what it takes to secure your physician home loan with competency and expertise.
Our loan officers in New Orleans Louisiana provide exclusive financing for doctors, exactly like you.
First off, let’s discuss why physician mortgage loans even exist. The reason is that doctors are really profitable clients for lending institutions. They take out big loans early in their careers and almost always pay them off. Lenders use physician home loans to lock in early career doctors by loaning them more money with fewer requirements than their competitors.
If you are searching for a physician home loan in New Orleans Louisiana then you came to the perfect place.
You’ve trained very hard to become a doctor and purchasing home should not be nearly as difficult.
Did you know there is a special loan that makes it easy for doctors to buy a home?
A home loan just for doctors?
Yup, doctors get their own mortgage!
A physician home mortgage is a special loan program created just for doctors in the home purchasing process.
We understand the personal financial demands of your student loan debt, and how vital it is to preserve working capital for when the time is right with starting your career. Regardless if you are a couple years into practice, or a well established doctor, you can depend on us to find a mortgage loan that is exclusively tailored for your needs.
Many physicians in New Orleans Louisiana may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial debt or minimal to no work history.
Despite these reasons smart loan providers know that doctors are a good bet considering that they historically have an extremely low default rate on loans, high earning potential and stable jobs.
Not all mortgage lenders offer this specialized product and within banks that do just simply speaking to the right mortgage officer makes a remarkable difference.
Purchasing a home doesn’t need to empty your savings and the process doesn’t have to drain your time.
Suppose you have some funds to put down or are looking at waiting until you have the money?
Our lenders can do the math for you and show you what each circumstance looks like and the advantages of each too.
In most situations, you’ll get your mortgage paid off earlier and save thousands of dollars on interest too.
Additionally, don’t forget that having equity in your house will likely provide greater security and flexibility, particularly if something unforeseen happens. With the 100% financed physician mortgage loan, you should expect to start out under water. If something does not work out and you are forced to sell quickly, you should be prepared to write a potentially big check for as much as 10% of the purchase price just to get out of the home.
Regardless of whether you are relocating down the road, across town or across the country, we are available to help you all throughout the physician home loan process:: because you deserve it!
Doctors, get the home of your dreams with our New Orleans Louisiana physician home loan program!
Less than an hour ago, doctors just like you requested a loan from the locations listed below.